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September 30, 2014EU AND EURO AREA UNEMPLOYMENT RATE, AUGUST 2014 In August 2014, the unemployment rate (seasonally adjusted) in the European Union (EU28) was 10.1%, the lowest value since February 2012. Compared with July 2014, the rate was down 0.1 percentage points and was down 0.7 percentage points over August 2013.
The Euro Area (EA18) unemployment rate in August 2014 was 11.5%, unchanged from July 2014, and 0.5 percentage points down from August 2013.
Chart source: Eurostat
Among Member States, the lowest unemployment rates were in Austria (4.7%) and Germany (4.9%), and the highest in Greece (27.0% in June 2014) and Spain (24.4%).
In August 2014, the youth (persons under age 25) unemployment rate was 21.6% in the EU28 and 23.3% in the EA 18, compared with 23.5% and 23.9% respectively a year ago.
Note: Eurostat defines unemployed persons as individuals aged 15 to 74, who are without work and have actively sought employment at some time during the previous four weeks.
Source: Eurostat: Unemployment
Source:
Eurostat: Unemployment